Janney Sir Bernard Law Scott LLC lower its holdings in stocks of Lumen Applied sciences, Inc. (NYSE:LUMN – Unfastened File) by means of 54.5% in the second one quarter, consistent with its most up-to-date submitting with the Securities and Trade Fee. The company owned 11,633 stocks of the era corporate’s inventory after promoting 13,959 stocks throughout the quarter. Janney Sir Bernard Law Scott LLC’s holdings in Lumen Applied sciences had been price $26,000 on the finish of the latest quarter.

Various different institutional traders have additionally just lately purchased and offered stocks of the trade. Meiji Yasuda Asset Control Co Ltd. raised its stake in stocks of Lumen Applied sciences by means of 8.3% throughout the first quarter. Meiji Yasuda Asset Control Co Ltd. now owns 13,045 stocks of the era corporate’s inventory price $147,000 after buying an extra 995 stocks within the ultimate quarter. SVB Wealth LLC raised its stake in stocks of Lumen Applied sciences by means of 7.9% throughout the first quarter. SVB Wealth LLC now owns 18,743 stocks of the era corporate’s inventory price $212,000 after buying an extra 1,370 stocks within the ultimate quarter. D.A. Davidson & CO. raised its stake in stocks of Lumen Applied sciences by means of 11.2% throughout the first quarter. D.A. Davidson & CO. now owns 18,167 stocks of the era corporate’s inventory price $205,000 after buying an extra 1,837 stocks within the ultimate quarter. Kentucky Retirement Programs Insurance coverage Believe Fund lifted its holdings in Lumen Applied sciences by means of 7.5% within the third quarter. Kentucky Retirement Programs Insurance coverage Believe Fund now owns 34,135 stocks of the era corporate’s inventory price $249,000 after buying an extra 2,370 stocks throughout the ultimate quarter. After all, Gamco Buyers INC. ET AL lifted its holdings in Lumen Applied sciences by means of 3.1% within the 1st quarter. Gamco Buyers INC. ET AL now owns 84,996 stocks of the era corporate’s inventory price $958,000 after buying an extra 2,547 stocks throughout the ultimate quarter. 69.72% of the inventory is recently owned by means of institutional traders and hedge finances.

Lumen Applied sciences Inventory Up 5.7 %

Stocks of LUMN inventory opened at $1.12 on Monday. Lumen Applied sciences, Inc. has a 12 month low of $0.78 and a 12 month prime of $6.76. The company has a marketplace cap of $1.13 billion, a PE ratio of -0.10 and a beta of one.04. The inventory has a 50 day shifting moderate of $1.41 and a 200-day shifting moderate of $1.80. The corporate has a handy guide a rough ratio of one.23, a present ratio of one.19 and a debt-to-equity ratio of 8.90.

Lumen Applied sciences (NYSE:LUMN – Get Unfastened File) ultimate launched its quarterly profits knowledge on Tuesday, October thirty first. The era corporate reported ($0.09) profits in line with proportion (EPS) for the quarter, lacking analysts’ consensus estimates of $0.06 by means of ($0.15). The company had earnings of $3.64 billion for the quarter, in comparison to the consensus estimate of $3.59 billion. Lumen Applied sciences had a adverse web margin of 76.63% and a favorable go back on fairness of 8.25%. On moderate, equities analysts are expecting that Lumen Applied sciences, Inc. will submit 0.28 EPS for the present yr.

Analysts Set New Value Goals

A number of equities analysis analysts just lately weighed in on LUMN stocks. The Goldman Sachs Workforce decreased their goal worth on Lumen Applied sciences from $3.50 to $3.00 and set a “impartial” ranking for the corporate in a file on Thursday, August third. UBS Workforce decreased their goal worth on Lumen Applied sciences from $2.50 to $1.50 and set a “impartial” ranking for the corporate in a file on Thursday. Royal Financial institution of Canada decreased their goal worth on Lumen Applied sciences from $2.75 to $2.25 and set a “sector carry out” ranking for the corporate in a file on Thursday, August seventeenth. After all, Morgan Stanley decreased their goal worth on Lumen Applied sciences from $2.50 to $1.80 and set an “underweight” ranking for the corporate in a file on Tuesday, September fifth. Two analysts have rated the inventory with a promote ranking and 4 have assigned a dangle ranking to the corporate’s inventory. Consistent with MarketBeat.com, Lumen Applied sciences recently has a consensus ranking of “Grasp” and a median goal worth of $2.34.

Get Our Newest Research on LUMN

Insider Job

In different information, CEO Kathleen E. Johnson got a million stocks of the inventory in a transaction dated Thursday, November 2d. The stocks had been got at a median value of $0.97 in line with proportion, for a complete transaction of $970,000.00. Following the finishing touch of the transaction, the manager govt officer now owns 5,148,592 stocks within the corporate, valued at roughly $4,994,134.24. The transaction used to be disclosed in a submitting with the Securities & Trade Fee, which is on the market via this link. In comparable information, CEO Kathleen E. Johnson bought a million stocks of the inventory in a transaction on Thursday, November 2d. The stocks had been bought at a median value of $0.97 in line with proportion, for a complete transaction of $970,000.00. Following the finishing touch of the transaction, the manager govt officer now at once owns 5,148,592 stocks of the corporate’s inventory, valued at roughly $4,994,134.24. The purchase used to be disclosed in a criminal submitting with the SEC, which will also be accessed via this link. Additionally, CFO Christopher Stansbury bought 500,000 stocks of the inventory in a transaction on Friday, November third. The inventory used to be purchased at a median worth of $1.10 in line with proportion, for a complete transaction of $550,000.00. Following the finishing touch of the transaction, the manager monetary officer now at once owns 500,000 stocks of the corporate’s inventory, valued at $550,000. The disclosure for this acquire will also be discovered right here. 0.76% of the inventory is recently owned by means of corporate insiders.

Lumen Applied sciences Profile

(Unfastened File)

Lumen Applied sciences, Inc, a facilities-based era and communications corporate, supplies quite a lot of built-in services beneath the Lumen, Quantum Fiber, and CenturyLink manufacturers to trade and home consumers in america and the world over. The corporate operates in two segments, Trade and Mass Markets.

Learn Extra

Obtain Information & Scores for Lumen Applied sciences Day-to-day – Input your e-mail cope with under to obtain a concise day-to-day abstract of the newest information and analysts’ rankings for Lumen Applied sciences and comparable corporations with MarketBeat.com’s FREE day-to-day e-mail publication.